CMPDI IPO GMP jumps! Coal India-backed Central Mining sees strong demand in grey market ahead of offer launch

Coal India-backed Central Mine Planning & Design Institute’s (CMPDI) initial public offering (IPO) is witnessing a healthy demand in the grey market. CMPDI IPO GMP has risen by over 11% ahead of the offer launch later this week.

Amid the geopolitical tensions and market volatility, the grey market, subscription figures, and potential listing profits no longer mirror previous trends.

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